Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

Seeking a senior and experienced associate in Deal closing and Loan Servicing to be part of our Loan Administration Team. Associate must be able to read and interpret complex loan documentation and be an expert to advanced user of Loan IQ system. Individual is required to understand and work in accordance with internal procedures and facility-specific documentation. The position requires adherence to strict deadlines, from a deal closing and servicing perspective, transaction processing that result in funds movement, external and internal client queries and project completion

As our Senior Deal Closing Associate you will:

Responsible for analyzing and understanding complex loan agreements and related documentationConstruct deal structures in Loan IQ including amending existing deals in USD and other currenciesPossess a detailed and comprehensive understanding of Risk-Free Rates (RFR), market concepts and practicesCoordinate with various internal and external teams to ensure timely completion of KYC before deal closings and amendmentsAssess complex loan restructuring and coordinate trade capture with Trading Team in Loan IQSettlement of Private Equity type transactionsPerform loan servicing for syndicated, participate and bi-lateral dealsReview and approve transactions and loan processing, including but not limited to loan fundingReview and drive break resolution identified in reconciliations, either for daily or month-end reporting purposesCollaborate with internal and external clients, teams and syndicate bank group members to research and resolve cash and position reconciliation breaks in a timely mannerMonitor tax expirations and request expiring tax forms to ensure timely validation

For this role, HSBC targets a pay range between $90,000.00 and $125,000.00

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.